Top Indian Automobile Industry News & Updates - 06 July 2023,Thursday

🏢 Industry

📝  Tata Steel plans EAF plants to recycle steel in South India too
📝  GST Council to discuss budgetary support to hill, north-eastern states, cess levy on MUVs
📝  Mahindra bets on digitalisation, AI and ML to futureproof itself
📝  Tamil Nadu floats forum to help EV companies mobilise funds
📝  Goyal launches new sugar-ethanol portal to boost renewable energy
📝  Maha police conduct safety checks of vehicles on Samruddhi Expressway
📝  Transport dept seeks civic agencies' help to impound old vehicles
📝  India in talks to supply green hydrogen to EU, Singapore
📝  How the subsidy fiasco is short circuiting the FAME II policy
📝  Auto Inc puts pay hikes in top gear as profits surge
📝  UV’s share in total PV sales to rise further in FY24 as more new models hit the market
📝  Cab policy: Push for ‘realistic’ EV timeline, support
📝  BNCAP: Govt issues draft notification
Read More >>

🎤 Interviews & Features

📝  Diesel vehicle ban in India: All you need to know
📝  Triumph Speed 400 launched in India today: Key highlights
📝  2023 Kia Seltos facelift vs Hyundai Creta: Price, specs, features comparison
📝  Honda Elevate SUV: Variant wise-features with expected price list explained
Read More >>

🚗 Cars / SUVs

📝  Maruti Suzuki aims to double turnover to around ₹1.68 lakh crore by 2030-31, says CEO Hisashi Takeuchi
📝  Maruti Suzuki launches MPV Invicto, price starts at INR 24.79 lakh
📝  Maruti Suzuki shares cross INR 10,000 milestone for first time on Invicto SUV launch
📝  Suzuki Motor to invest ₹2.8 lakh crore by FY31, India to play key role: Maruti MD
📝  Maruti Suzuki Invicto gets over 6,200 pre-bookings: Deliveries to begin soon
📝  Mahindra sells 32,585 SUVs in June 2023: Scorpio, Bolero, XUV700 top-sellers
📝  Kia estimates mid-size SUV segment to grow at 5% CAGR in India
📝  Thunder Down Under: Mahindra Scorpio-N blazes to desert record in Australia
📝  Maruti scorches Street with new MPV, stock soars to a record high
📝  Maruti Suzuki Invicto MPV, twin to Toyota Innova, officially launched. Check price, engine, specs and booking details
📝  2023 Kia Seltos facelift breaks cover in India with a host of updates: Key features explained
📝  2023 Kia Seltos launched with ADAS and more powerful engine: 5 things to know
📝  Maruti Suzuki drives in Invicto MPV, its most expensive model at ₹25 lakh
📝  Maruti Suzuki Invicto MPV launched at Rs 24.79 lakh: Price, features and more of Innova rival
📝  Suzuki to invest Rs 2.8 lakh crore by FY31 as it aims to double turnover
📝  Maruti Suzuki Invicto, most expensive Maruti ever: Prices vs Toyota Innova Hycross
📝  Maruti Suzuki Invicto launched in India at Rs 24.79 lakh: Key things about this rebadged Innova Hycross
📝  Thar’s craze continues: Amitabh Bachchan takes Mahindra’s popular SUV for a thrilling spin
Read More >>

Electric-Cars / SUVs

📝  Maruti Suzuki goes aggressive on EV plans, will offer six models by FY 2030-31
📝  Dacia Spring EV shows what Renault Kwid EV could be like, a much-expected car in India
📝  Kia Carnival, EV9 electric SUV to launch in India soon? Carmaker confirms 3 new models, including 2 EVs, by 2025
Read More >>

🏍 2/3 Wheelers

📝  Triumph Speed 400 and Scrambler 400X launched in India at Rs 2.23 lakh
📝  Trading strategies for 2-wheeler stocks post Hero Moto-Harley Davidson deal
📝  Harley-Davidson X440: Variants explained
📝  Rapido introduces new features for driver-partners and users
📝  Desi Harley versus videshi Harley: Two legends gear up to race on Indian roads
📝  Harley-Davidson X440 vs Royal Enfield Classic 350: Which retro motorcycle should you buy?
📝  TVS Apache RR 310 maintains average speed of 152 km/hr in 24-hour trial
📝  Rajiv Bajaj takes a jibe at Harley-Davidson X440's fit and finish quality during Triumph Speed 400 launch?
📝  Robbing Enfield as that's where the money is: Bajaj
📝  New bike looks to Triumph over heavyweights
📝  Hero MotoCorp surges 9% in 2 days; drives past TVS Motor in mcap ranking
📝  After Harley, Bajaj-Triumph trains guns on Royal Enfield
Read More >>

🚲 Electric 2/3 Wheelers

📝  Ola Electric to expand manufacturing capacity to 2 million units in FY2024, multiple launches planned for August 15
Read More >>

⚙ Components

📝  Samvardhana stock rises 10%, could gain up to 33% more
Read More >>

🌇 Allied Industries

📝  Stellantis inaugurates new software and digital hub in Hyderabad
📝  Yokohama India opens new official store in Telangana
📝  Steel demand to grow on infrastructure development, urbanisation, supportive policy reforms: Tata Steel Chairman N Chandrasekaran
Read More >>

🌢 Fuels, Lubricants & Charging Stations

📝  Green hydrogen to be India's future fuel, says union minister RK Singh
📝  'Don't take coercive action against petrol pumps for non-commercial hoardings'
📝  India's first Green Hydrogen fuelling station to start within 3 months
📝  Oil industry should set carbon targets at COP28: TotalEnergies CEO
📝  Bihar govt approves new biofuels policy to set up compressed biogas units
📝  HP pumps run dry as they wait for software upgrade in Bhopal
📝  ‘Petrol prices in India will drop to Rs 15 per litre if…’: Nitin Gadkari makes big statement on fuel rates
Read More >>

📖 Magazines News

📝  Triumph Speed 400 launched at Rs 2.33 lakh
📝  Maruti Suzuki Invicto launched at Rs 24.79 lakh
📝  Bajaj-Triumph aims to sell 40,000 to 50,000 mid-size bikes globally in FY24
📝  Kia to expand India plant capacity to 4.3 lakh units by mid-2024
📝  Maruti Suzuki Invicto vs Toyota Innova Hycross: price, features comparison
Read More >>

📰 International News

📝  Audi to unveil electric vehicle manufacturing plans in Mexico
📝  More pain for EV start-ups as Nikola, Arrival showcase hardships
📝  Despite stiff competition in China from BYD, Tesla stocks continue to growth
📝  Volvo Cars commits to exporting cars on container ships using renewable fuel
📝  Automakers' contract negotiations will decide potential EV future for idled Illinois plant
📝  Tesla cuts prices in Japan for Model 3 and Y
📝  EVs drive Britain's June car sales; industry body seeks VAT cut on public charging
📝  Nikola reports jump in second-quarter deliveries
📝  Chinese automakers to take majority of home market for first time
📝  PetroVietnam Gas talking to ExxonMobil, Novatek on LNG supply
📝  5 automakers to recall over 92K vehicles over faulty parts in South Korea
📝  Companies tailor tyres to suit the unique demands of EVs for optimal performance
📝  Western businesses must find a way to work with China-Stellantis CEO
📝  Stellantis wins bigger subsidies for Canada battery plant
📝  GM says it could face compliance challenges under new emissions rules
📝  US new vehicle sales rise on strong demand, better supply
Read More >>


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